Auto Warranty Companies Fight For Your Business

auto warranty - The realm of auto warranty companies is really a fiercely competitive one. There are a limited number of cars on the road - granted, there are many them, and each one of them, at some point or still, has or experienced a warranty - but with the large number of companies fighting for your business of the drivers, it indicates that every car owner will be the target of some very hungry sales reps.

This is definitely a daunting position to remain for any car owner. If you are buying a new car from the dealership, or purchasing a second hand car, you will have people trying to sell you their warranty services.

Within the dealership, you could run into a pushy sales representative that will try everything they are able to to obtain to sign on for the extended warranty when you make your initial purchase. There are advantages to buying at that time, including having the costs of the warranty rolled up to the financing for your car, and realizing that your dealership will continue to be the area to get any repairs or replacements done. But these comforts could end up costing you hundreds or thousands of dollars over time. Sales people make large commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, rather than adding a small number in your monthly car payment bills. But it would likely save you money.

But simply as not all the car sales person has gone out to rip you off, its not all third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as being a client, so use that to your advantage. Compare prices, take a look at all of the relation to the warranties offered, and tell the businesses you consult with “hey, make me the most effective offer.” If they can't, someone else will.